BTC Ethereum next market interpretation, market information summary and its impact

There are three key factors that make us take a cautious attitude towards BTC.
First, the Fed's hawkish policy stance is highly likely to lead to a significant reduction in the purchase quantity of BTCETF by institutional buyers.
Secondly, global liquidity is showing a downward trend, especially the liquidity denominated in US dollars. This suggests that Bitcoin may enter a period of consolidation, as the weakness of foreign currencies will bring more pressure to it.
Thirdly, the situation in terms of technical indicators has also exacerbated our concerns: the weekly reversal indicator has continued to be overbought, the appearance of the monthly meteor form (which is usually a signal of potential market topping), further highlighting the risk of recent BTC retracement. However, sometimes we need to be more cautious, and the current situation reflects this trend.
After a highly optimistic end to September, it is now important to focus on and manage the downside risk of BTC. From a strategic perspective, the upcoming release of the Consumer Price Index next week may lead to a slight increase in BTC before Trump takes office. However, BTC may still face some pressure before the Federal Open Market Committee (FOMC) meeting. The monthly closing price will be a key factor to watch.
Market information affecting the BTC market
On Friday evening, the US stock market and US treasuries were sold off, and the Fed did not fail to come to the rescue. An hour after the non-farm payroll data was released, 'Fed rescue professional' and Chicago Fed President Charles Evans appeared urgently on CNBC screens.
Gulsby said in an interview that this is a strong report, which makes me more confident that the job market is stabilizing at the level of full employment. As long as inflation data remains stable, there will still be interest rate cuts this year.
The market is currently in a panic of 'good news is bad news', which can definitely be rated as the 'most frightening sentence' this week.
In the end, all three major U.S. stock indexes closed with a drop of more than 1.5%.
So, all the gains this weekend are just a trap!
The trend of Da Bing may usher in a turning point:
The pancake may have retraced to a key node. The area near 90000-92000 is a strong support level for the previous five declines. There is a clear market consensus and a large amount of bottom-fishing capital entering, indicating a possible strong rebound.
Rebound Expectation:
The big cake fell from a high of 100,000, and referring to the past trend, there is a chance to rebound to around 98,000.
Key support level:
90000 is an important support level for the cake, breaking below which may trigger a waterfall-like plunge, but the possibility of direct breakthrough in the short term is relatively small, with a high probability of rebounding first. However, if subsequent U.S. data is all negative, the market will face severe tests, but the Fed may intervene.
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